Results & Dividends

Unilever Nigeria 2014 PBT Declines 58%, Cuts Dividend by 93%

By InvestAdvocate Lagos (INVESTADVOCATE)-soap producer, Unilever Nigeria Plc on Thursday said its 2014 profit before tax (PBT) declined 58 percent to N2.87 billion from N6.79 billion recorded a year earlier. In the same vein, profit after tax (PAT) dropped 49 percent to N2.41 billion from N4.72 percent in 2013 end. […]

UBA Sustains Growth Momentum, Grosses N290 Billion Earnings in FY2014.

Thursday March 26, 2015/UBA Group Lagos Nigeria; March 25, 2015: United Bank for Africa (UBA) Plc has released 2014 full year audited results showing that consolidation of its African operations and enhanced productivity across the group are sustaining the Bank’s growth momentum.  The results of the Pan-African Bank, released on […]

Sterling Bank Cut Dividend by 76%, Grows Profit 9% in 2014

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Sterling Bank Plc on Wednesday cut its dividend payment in 2014 audited period by 76 percent to 0.6 kobo from 0.25 kobo per share paid to investors a year earlier. The lender proposed dividend amounted to N1.73 billion compared to N5.40 billion paid […]